CHANGES to business-user vehicle tax rules that came in this week mean that there are savings of up to £70 a month to be seen on some luxury company cars.

Jaguar’s stunning drop-top XK8 convertible may have a 5.0-litre V8 engine, but is now much more appealing in tax terms, says Lloyds TSB Autolease.

Other boardroom favourites, like the Range Rover, BMW 7-Series, and Mercedes Benz R-Class also offer huge benefits to firms looking to take advantage of the new tax savings, which now sees rates linked to C02 emissions.